Traders Prepare for September Nonfarm Payroll with One Point Spreads at City IndexBy City Index, PRNE
Thursday, September 29, 2011
LONDON, September 30, 2011 -
The nonfarm payroll report for September 2011 is released on Friday 7th October. This monthly report, a comprehensive overview of the US labour market, is one of the most influential economic indicators in the American markets. Traditionally, its release is quickly followed by volatility and spikes in major markets.
Spread betting provider City Index (www.cityindex.co.uk/) offers one point spreads on a number of key markets to help traders take advantage of the anticipated volatility following the nonfarm payroll report. The narrow spreads include:
Wall Street Rolling Spread - 1 point
UK 100 Rolling Spread (FTSE 100) - 1 point
Euro/US Dollar Rolling Spread - 1 point
To learn more about the impact of the nonfarm payroll report, follow City Index’s daily market commentary at www.cityindex.co.uk/market-analysis/market-commentary.aspx
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
About City Index:
Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.
As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, CFDs and, in the UK, spread betting.
We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support. Visit www.cityindex.co.uk/spread-betting/ for more on financial spread betting.
Contact: Joshua Raymond, City Index Group, Tel: +44(0)20-7107-7002, Email: joshua.raymond[at]cityindex.co.uk
Tags: City Index, London, September 30, United Kingdom, United States of America